Giving hits record levels at 5 LI colleges
Photo credit: Newsday / John Paraskevas | Stony Brook University donor Jim Simons, left, and SBU president Dr. Samuel Stanley pose in front of Stony Brook University, which received $150 million -- the largest gift in the university’s history and among the top 10 donations ever given to a U.S. public university -- from the foundation of Jim Simons. (Feb. 12, 2013)
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Record-breaking donations poured in to five Long Island universities and colleges in the last fiscal year, signaling a local rebound of giving to higher education that bucks a dismal national picture for fundraising and endowment growth.
Stony Brook, Hofstra and Adelphi universities, along with Farmingdale State and Molloy colleges each got history-making gifts in fiscal year 2012.
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